.jpg)
4 hours ago
1
Article content
(Bloomberg) — Prime Minister Mark Carney confirmed Canada is considering joining the US in its “Golden Dome” missile defense project, but declined to put a price tag on it and said the talks are at an early stage.
THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
SUBSCRIBE TO UNLOCK MORE ARTICLES
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
REGISTER / SIGN IN TO UNLOCK MORE ARTICLES
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account.
- Share your thoughts and join the conversation in the comments.
- Enjoy additional articles per month.
- Get email updates from your favourite authors.
THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account
- Share your thoughts and join the conversation in the comments
- Enjoy additional articles per month
- Get email updates from your favourite authors
Sign In or Create an Account
or
Article content
Article content
“It’s something that we are looking at and something that has been discussed at a high level,” Carney said, speaking in Ottawa after a two-day planning session with his new cabinet.
Article content
Article content
On Tuesday, US President Donald Trump said the missile defense system may be operational in three years, despite the fact some of the space-based technology the project would use is still unproven. The proposed system would protect the continent from threats including ballistic missiles, hypersonics and advanced cruise missiles.
Article content
By signing up you consent to receive the above newsletter from Postmedia Network Inc.
Article content
It will be expensive. Trump said the system could cost $175 billion overall, but the Congressional Budget Office found the US may have to spend as much as $542 billion over 20 years to fully develop and launch the space-based interceptors. Canada will have to pay its “fair share,” Trump said.
Article content
Since the 1950s, Canada and the US have had a joint air defense system known as the North American Aerospace Defense Command, or Norad. In 2022, Canada unveiled a C$38.6 billion ($27 billion) long-term plan to contribute to a modernized Norad. That funding includes a new Australian-developed radar system to detect incoming missiles, announced by Carney in March.
Article content
Carney won an election last month after a campaign in which he repeatedly said Canada will have to forge new economic and security ties with other countries, rather than counting on ever-deeper cooperation with the US.
Article content
“That process of deepening integration is over,” he said Wednesday. “We are in a position now where we cooperate when necessary, but not necessarily cooperate.”
Article content
In March, Carney ordered a review of the government’s deal to buy dozens of F-35 fighter jets — a deal the US administration wants to see completed. The prime minister said the review is “ongoing.”
Article content
English (US)